Skip to main content

About your Search

20121224
20130101
STATION
WBAL (NBC) 1
WJLA (ABC) 1
LANGUAGE
Search Results 0 to 2 of about 3 (some duplicates have been removed)
ABC
Dec 30, 2012 7:00am EST
they are just waiting to see what happens with the fiscal cliff, but by the same token, though, does that necessarily mean that suddenly we have more capital expenditures for the economy next year? >> i think there's few reasons why we will. one, global growth. china appears to be stabilizing and the rest of the emerging markets are glowing. more demand for export business. number two, korpgs are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and planted equipment in america today, the inventory is old and due foreinvestment a upgrades. there's a lot of pent up demand for domestic spending. >> there have been a few bright spots in our economy anyway. i think of housing which has been in recovery mode right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and apprec
Search Results 0 to 2 of about 3 (some duplicates have been removed)